Regulatory Alerts2016-01-01
Captive Insurance (Pure Captive Business Rules 2016) (Revocation) Rules 2024
The Commission issued these rules under the Captive Insurance Act and Financial Services Act to revoke the Captive Insurance (Pure Captive Business) Rules 2016. The revocation takes effect on 26 February 2024, immediately replacing the previous regulatory framework for pure captive business operations. This action eliminates outdated provisions and establishes a streamlined legal basis for ongoing captive insurance activities.
Government Notices 2024 165 Gopee imac4 /Govt Notices / 2024 /The Captive Insurance (Pure Captive Business Rules 2016)(Revoc) Rules 24
- 1st Proof 21.02.24-min Gopee imac4 /Govt Notices / 2024 /The Captive Insurance (Pure Captive Business Rules 2016)(Revoc) Rules 24
- 1st Proof 21.02.24-min Gopee imac4 /Govt Notices / 2024 /The Captive Insurance (Pure Captive Business Rules 2016)(Revoc) Rules 24
- 1st Proof 21.02.24-min Government Notice No. 32 of 2024 THE CAPTIVE INSURANCE ACT FSC Rules made by the Commission under section 18 of the Captive Insurance Act and section 93 of the Financial Services Act
- These rules may be cited as the Captive Insurance (Pure Captive Business Rules 2016) (Revocation) Rules 2024.
- The Captive Insurance (Pure Captive Business) Rules 2016 are revoked.
- These rules shall come into operation on 26 February 2024. Made by the Commission on 20 February 2024.
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